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Business  law  impacts  our  everyday lives,  both  personally  and  professionally. Businesses  enter  contracts,  manufacture goods,  sell ...

Business  law  impacts  our  everyday lives,  both  personally  and  professionally. Businesses  enter  contracts,  manufacture goods,  sell  services  and  products, and  engage in  employment and  labor practices—activities that  must  all  adhere  to  certain  laws  and  regulations. Recognizing and  evaluating legal  issues  is  a fundamental skill  that  will  help  you  navigate  commercial relationships and  avoid  potential  problems  in  the  business  world. Prompt: Imagine yourself  as  a  paralegal working  in  a  law  office  that  has  been  tasked with  reviewing three  current  cases.  You  will  review  the  case  studies  and compose a  short  report  for  each,  applying your  legal  knowledge and  understanding of  the  types  of  business  organizations. In  each  of  the  three  reports, you  will focus  on  areas  of  law  covered in  this  course.  Case  Study  One  focuses  on the  legal  system, criminal  law,  and  ethics. Case  Study  One: Chris,  Matt,  and  Ian,  who  live  in  California,  have  decided to  start  a  business  selling  an  aftershave lotion  called  Funny  Face  over  the  internet. They contract  with  Novelty  Now  Inc.,  a  company based  in  Florida,  to  manufacture and distribute the  product. Chris  frequently  meets  with  a representative from Novelty  Now  to  design the  product and  to  plan marketing and  distribution strategies. In  fact,  to  increase  the  profit  margin,  Chris  directs  Novelty  Now  to  substitute PYR (a  low-cost  chemical emulsifier) for  the  compound in  Novelty  Now’s  original formula. PYR  is  not  FDA  approved. Funny  Face  is  marketed nationally  on  the radio  and  in  newspapers, as  well  as  on  the  web and  Facebook. Donald Margolin, a  successful CEO  and  public  speaker,  buys one  bottle of  Funny  Face over  the internet.  After  he  uses  it  once,  his  face  turns  a  permanent shade  of  blue.  Donald  Margolin and  his  company, Donald  Margolin Empire  Inc.,  file  suit  in  the state  of  New  York against  Novelty Now  Inc.  and  Chris, Matt, and  Ian,  alleging negligence and  seeking  medical costs  and  compensation for  the  damage to  his  face and  business  reputation.  It  is  discovered  that  PYR  caused  Margolin’s skin  discoloration. The  website  for  Funny  Face  states  that  anyone buying  their  product cannot  take  Chris,  Matt,  and  Ian  to  court.  Novelty  Now’s  contract with  the  three men  states  that  all  disputes must  be  brought  in  the  state  of  Florida.

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